3.2.2012
News

Transfer of tax liability to subsidy recipients

The General Financial Directorate (“GFD”) has issued a standpoint on the impact of transferring the VAT liability to subsidy recipients.

The GFD specified that transferring the tax liability in no way affects the entitlement or exclusion of the possibility of subsidy recipients to pay VAT from the funds provided.

As the GFD stated in the standpoint, transferring the tax liability is simply a different procedure in respect of filing a VAT return and paying the VAT.

Other articles

29.9.2025
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Legal advice on RegioJet financing

KŠB team led by Josef Kříž acted as legal advisor to Česká spořitelna and Komerční banka in connection with the issuance of RegioJet Group secured bonds, which will be admitted to trading on the Prague Stock Exchange. The expected volume is CZK 1.5 billion, but may increase to a total of CZK 4 billion. Assistance with this transaction is another successful step in strengthening our Capital Markets department led by Vlastimil Pihera.‍
3.9.2025
M&A

KŠB advised on the sale of shares in BigBoard Praha

The J&T Arch Investments fund, the main investment platform of the J&T Group, acquired a significant stake in the largest outdoor advertising operator in the Czech Republic, BigBoard Praha, from the JOJ Media House group.
8.8.2025
News

Project Financing of a Strategic Logistics Complex in Nymburk

KŠB provided legal advice to Facility Develop Group in securing two separate financings granted by Trinity Bank. The funds will be used for the development and expansion of a large logistics park in Nymburk, which is of key importance to the infrastructure of the entire Central Bohemian Region.